Jan 29 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
– Penn National Gaming Inc has agreed to buy a stake in Barstool Sports Inc for $163 million, according to people familiar with the matter, a deal that positions the casino operator to compete in the growing U.S. sports-betting market. https://on.wsj.com/3aSyiig
– Growth-oriented investment firm General Atlantic has collected more than $3.33 billion in fresh commitments spread across two investment funds, regulatory filings show. https://on.wsj.com/2RD7Phk
– Amazon.com Inc signed a lease to take 450,000 square feet of warehouse space at Matrix Global Logistics Park in Staten Island, where it already has a massive 855,000 square-foot fulfillment center, an company spokeswoman confirmed. https://on.wsj.com/2vnmZOP
– The British government has given the green light for Huawei Technologies Co to build part of its next-generation 5G cellular network, dismissing calls from the Trump administration to boycott the Chinese telecom-equipment vendor over security fears. https://on.wsj.com/3aNjhOO
– Match Group Inc’s Chief Executive Officer Mandy Ginsberg is stepping down as she faces challenges in her personal life, according to an internal memo, marking a leadership change at the dating app-company months before its planned spinoff. https://on.wsj.com/2RWk1sl
– J.Crew Group Inc said it hired former Victoria’s Secret executive Jan Singer as its next chief executive officer, as it seeks to revitalize its namesake brand and reverse a long sales slump. https://on.wsj.com/2U6lhM4
(Compiled by Bengaluru newsroom)
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